Global X Cybersecurity ETF (NASDAQ:BUG) Short Interest Down 79.2% in February

Global X Cybersecurity ETF (NASDAQ:BUG) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 218,400 shares, a decrease of 79.2% from the February 13th total of 1,050,000 shares. Based on an average daily volume of 229,700 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.9% of the company’s stock are sold short.

Institutional Investors Weigh In On Global X Cybersecurity ETF

Several large investors have recently modified their holdings of BUG. Global Retirement Partners LLC boosted its holdings in shares of Global X Cybersecurity ETF by 99.3% in the fourth quarter. Global Retirement Partners LLC now owns 811 shares of the company’s stock valued at $26,000 after acquiring an additional 404 shares during the period. GPS Wealth Strategies Group LLC boosted its holdings in shares of Global X Cybersecurity ETF by 255.7% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,067 shares of the company’s stock valued at $34,000 after acquiring an additional 767 shares during the period. FMR LLC boosted its holdings in shares of Global X Cybersecurity ETF by 213.1% in the third quarter. FMR LLC now owns 1,221 shares of the company’s stock valued at $38,000 after acquiring an additional 831 shares during the period. Bernard Wealth Management Corp. purchased a new stake in shares of Global X Cybersecurity ETF during the fourth quarter worth approximately $46,000. Finally, Allworth Financial LP purchased a new stake in shares of Global X Cybersecurity ETF during the fourth quarter worth approximately $171,000.

Global X Cybersecurity ETF Stock Up 0.8 %

BUG traded up $0.25 on Wednesday, reaching $32.70. The company’s stock had a trading volume of 221,379 shares, compared to its average volume of 272,043. The stock has a 50 day moving average of $33.81 and a two-hundred day moving average of $32.52. The company has a market capitalization of $819.66 million, a price-to-earnings ratio of 34.24 and a beta of 0.86. Global X Cybersecurity ETF has a fifty-two week low of $26.03 and a fifty-two week high of $36.81.

Global X Cybersecurity ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were issued a $0.0305 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Global X Cybersecurity ETF Company Profile

The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that is based on the Indxx Cybersecurity index, a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities. BUG was launched on Oct 25, 2019 and is managed by Global X.